Wednesday, May 22, 2024
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Brunei Town

Boost for Brunei’s business landscape

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah hailed the indispensable role played by the National Chamber of Commerce and Industry Brunei Darussalam (NCCIBD) within the local business ecosystem.

The NCCIBD’s steadfast support for private sector initiatives aimed at advancing economic and trade cooperation in the Sultanate was lauded during the opening of their new office at the Design and Technology building, alongside the launch of the NCCIBD website.

The minister highlighted the Chamber’s recent significant step towards expanding market access.

The NCCIBD signed a memorandum of Understanding (MoU) with the China Council for Promotion of International Trade (CCPIT) Hainan Provincial Committee.

The move aligns seamlessly with the government’s commitment to various international engagement platforms like BIMP-EAGA and ASEAN+3, ultimately creating opportunities for local businesses to reap substantial benefits.

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah cutting the ribbon. PHOTO: RAFI ROSLI
Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah receives a token of appreciation from NCCIBD President Haji Abdul Saman bin Haji Ahmad. PHOTO: RAFI ROSLI

“Recognising the immense potential of NCCIBD, I firmly believe that fostering partnerships, nurturing commitments, and engaging stakeholders from both the public and private sectors are of paramount importance. These endeavours are crucial in realising the aspirations outlined in our Economic Blueprint,” the minister said.

NCCIBD President Haji Abdul Saman bin Haji Ahmad emphasised that the chamber has been actively engaged in various initiatives aimed at fostering regional and global collaborations  throughout 2023.

Notable among these efforts are the successful signing of MoUs with the Borneo Economic Community, the Inner Mongolia Trade Delegates, and the Hainan Trade Delegates.

The partnerships exemplify the NCCIBD’s commitment to forging meaningful connections that transcend geographical boundaries, promoting economic growth and development withinBrunei’s business network.

Haji Abdul Saman also highlighted numerous other activities and endeavours listed on the NCCIBD website, showcasing ongoing efforts, including courtesy visits to international ambassadors in Brunei, further solidifying the commitment to establishing a global network that empowers the local business community.

Dato Seri Setia Dr Awang Haji Mohd Amin Liew later cut the ribbon and toured the new NCCIBD office, marking a significant milestone in the Chamber’s continued efforts to bolster economic cooperation and trade initiatives. – Azlan Othman

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